ALWAYS TAKE PROFESSIONAL ADVICE ON MATRIMONIAL MATTERS.
Matrimonial Valuations
Matrimonial matters can, on occasions, be resolved by agreement on property value by the parting couple but for those cases where dispute or disagreement arises, it is important not to rely upon advice offered by Estate Agents, who provide their opinion on “marketing value” only.
A professional valuation sets the scene with a property description and an overview on condition and repair matters, together with the incorporation of market relevant comparable evidence used to support assessment of property value at the figure that it should achieve at point of hypothetical sale in the open market.
Matrimonial Valuation Reports are usually prepared on instructions received from Solicitors on a Joint Expert basis, the matrimonial Court Judges not happy to deal with opposing valuation advice from single Joint Experts acting for each side.
We have dealt with cases in the past where instructed to act as single Expert to dispute a Joint Expert Report and, based on experience, there is fair opportunity for success in such cases.